(72.95) (273) Profit (Loss) before tax (11.56) 76.82 (88.38) (115) Net Profit (Loss) (25.10) 59.77 (84.87) (142) Total Revenues: The company recorded a slightly drop in total revenues of THB (7M) or in

) ** Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non-operating income / (expense) B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis 2018 2019 change Q4’18 Q3’19

performance and gain from the sales of other long-term investment despite an increase in employee benefit provision to support the close of Dusit Thani Bangkok hotel next year. Excluding the nonrecurring profit

some financial costs and adjusting the employee benefit estimate. And from the financial statements for the six months ended June 30, 2020. The company's financial statement showed net profit of 67.25

THB 221.46 Million or 184.35% compared with the same period of last year and generated the net profit for the year attributable to Owners of the parent by THB 27.96 Million which was decreased by THB

0.0 0.0% -17.5 -2.3% -17.5 n.a. Gain on Investment 5.0 0.9% 0.0 0.0% -5.0 -100.0% Other income 1.4 0.2% 1.9 0.2% 0.5 40.0% Profit before expenses 329.0 59.5% 472.8 61.8% 143.8 43.7% Management

scrap materials and tax cards income. 4. Profit from foreign exchanges increased by 77.69 million baht (from 27.75 million baht in 2016 to 105.44 million baht in 2017) due to forward foreign currency

-y mainly from a Baht 276 million gain from acquisitions of BGYSP which is non-cash and non-operating item in the same period of last year. • In 9M’2019 net profit / net profit to owner of the parents

unrealized loss on exchange rate from UAC at the amount of Baht 7.66 million (in the beginning of the 4th quarter this loss will be reversed to be gain on exchange rate and UAC had already made forward

forward contracts (19) - 95 N/A N/A 18 95 N/A Gain (loss) on foreign exchange 92 172 (39) N/A N/A 363 133 N/A Reversal of allowance for gain/(loss) from impairment of assets 19 - (412) N/A N/A (82) (412) N